NOTE: THIS RECORDING IS FROM THE ACTUAL LIVE QUARTERLY UPDATE. WHILE VIEWING ON-DEMAND, YOU WILL NOT BE ABLE TO ANSWER THE POLLING QUESTIONS BUT YOU WILL BE ABLE TO SEE THE RESPONSES OF THOSE WHO ATTENDED THE LIVE SESSION.

This update provides an overview of the most significant pronouncements, standards and advisories that have resulted from actions of regulatory bodies. We focus on the most significant issues that impacted the economy, accounting and auditing profession in Q4 2023 as well as trending areas important to the accounting profession.

These updates are provided by Illumeo as a benefit to professionals to help understand some of the most prevalent issues that may need to be focused on in the coming months.

2023 continues to be a challenging year from both a business and economic outlook.

  • Inflation continues to rise
  • Cost of living has escalated
  • Political unrest continues its instability
  • National border issues threaten health and safety of U.S. citizens
  • Food prices and supply chain issues still exist
  • Increasing geopolitical conflicts threaten the U.S.

Information for this presentation is taken from leading practice publications and does not reflect the opinion of Illumeo or the speaker.

Learning Objectives
  • Discover and overview of the status of the economy as early December 2023.
  • Explore and examine FASB Q4 activities.
  • Explore and examine SEC Q4 activities.
  • Explore and examine PCAOB Q24 activities.
  • Explore and examine actions of AICPA, and IIA.
Last updated/reviewed: March 11, 2024
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Q4 2023 Technical Accounting and Economic Update3:04
  Economic Overview10:45
  AICPA Update8:28
  Updates FASB10:14
  PCAOB Update7:42
  SEC Update4:14
  The Institute of Internal Auditors8:14
  Summary0:44
CONTINUOUS PLAY
  Q4 2023 Technical Accounting and Economic Update53:25
SUPPORTING MATERIAL
  Slides: Q4 2023 Technical Accounting and Economic UpdatePDF
  Q4 2023 Technical Accounting and Economic Update Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam